BCCI announces five-team Women’s Premier League, Adani Group win biggest bid of INR 1289 crore
Existing Men's IPL franchises MI, RCB and DC have also bagged a team at the inaugural WPL.
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17 bidders fought to purchase five teams at the inaugural Women’s Premier League (WPL), the franchise-based league tournament introduced by the Board of Control for Cricket in India (BCCI). Ahmedabad, Mumbai, Bangalore, Lucknow and Delhi will be the five teams in the tournament with the existing Men’s IPL owners winning the bids.
The bidding process for the inaugural WPL witnessed the Men’s IPL record being broken as the process garnered a total bid of a whopping INR 4669.99 Crore. Ahmedabad’s Adani Sportsline Pvt. Ltd. bid the highest price and bagged the Ahmedabad-based team for INR 1289 crore. Indiawin Sports Pvt. Ltd. Bagged the Mumbai-based franchise for INR 912.99 crore.
Royal Challengers Sports Pvt. Ltd. Bagged the Bengaluru-based team for INR 901 crore, JSW GMR Cricket Pvt. Ltd. Bagged the Delhi-based franchise for INR 810 crore, and lastly Capri Global Holdings Pvt. Ltd. Claimed the Lucknow-based franchise for INR 757 crore.
BCCI secretary Jay Shah announced the same on his official Twitter handle as he wrote:
“Today is a historic day in cricket as the bidding for teams of inaugural #WPL broke the records of the inaugural Men's IPL in 2008! Congratulations to the winners as we garnered Rs.4669.99 Cr in total bid. This marks the beginning of a revolution in women's cricket and paves the way for a transformative journey ahead not only for our women cricketers but for the entire sports fraternity. The #WPL would bring necessary reforms in women's cricket and would ensure an all-encompassing ecosystem that benefits each and every stakeholder. The @BCCI has named the league - Women's Premier League (WPL). Let the journey begin...”
The @BCCI has named the league - Women's Premier League (WPL). Let the journey begin....— Jay Shah (@JayShah) January 25, 2023
The five-team Women’s Premier League is scheduled to commence in March 2023, after the completion of the ICC Women’s T20 World Cup 2023. Recently, Viacom18 won the media rights for the tournament for the upcoming five years, and while five teams will participate in the first three years of the tournament, a sixth team will be added for the fourth and fifth editions of the tournament.
𝐁𝐂𝐂𝐈 𝐚𝐧𝐧𝐨𝐮𝐧𝐜𝐞𝐬 𝐭𝐡𝐞 𝐬𝐮𝐜𝐜𝐞𝐬𝐬𝐟𝐮𝐥 𝐛𝐢𝐝𝐝𝐞𝐫𝐬 𝐟𝐨𝐫 𝐖𝐨𝐦𝐞𝐧’𝐬 𝐏𝐫𝐞𝐦𝐢𝐞𝐫 𝐋𝐞𝐚𝐠𝐮𝐞.— BCCI (@BCCI) January 25, 2023
The combined bid valuation is INR 4669.99 Cr
A look at the Five franchises with ownership rights for #WPL pic.twitter.com/ryF7W1BvHH